What are you spending your start up capital on and how much are spending on each item? These costs include rent, utility bills, phone bills/communication costs, accounting/bookkeeping, legal/insurance/licensing fees, postage, technology, advertising & marketing, salaries. Example:  The Fee for registering Prudentnotes Incorporated in Nigeria – ₦50,000  Legal expenses for obtaining licenses and permits as well as the accounting services (software, P.O.S machines and other software) – ₦50,000 Marketing promotion expenses for the grand opening of Prudentnotes Incoporated Company – ₦45,000 The cost for hiring Business Consultant – ₦55,000 Insurance (general liability, workers’ compensation and property casualty) coverage at a total premium – ₦60,000 The amount needed to acquire / lease a farm land – ₦1,000,000 The amount required for preparing the farm land – ₦500,000 The cost for acquiring the required working tools and equipment / machines / fencing etcetera – ₦500,000 The amount required for purchase of the first set of seedlings – ₦700,000 The amount required to set up a standard processing plant within the farm facility – ₦4,000,000 Operational cost for the first 6 months (salaries of employees, payments of bills etcetera) – N1,200,000 The cost for Start-up inventory (storage tanks, drums, bottles and packaging materials etcetera) – ₦700,000 The cost of purchase of distribution trucks / lorry – ₦1,200,000 The cost of launching a website – ₦50,000 The cost for our opening party – ₦100,000 Miscellaneous – ₦100,000